Newt spoke out very harshly against TARP on Hannity (it’s on YouTube) when it was introduced. He recommended an entirely different plan and approach. But he said he would have voted for it if he was in Congress, because that was the only choice available and he didn’t want to do nothing. Not really relevant because he explained how if he was in charge, it would have been a very different plan.
http://www.youtube.com/watch?v=jJblJfgXBgw
Like I said his reasons at the time were sound. But he did support TARP.